Ghana lands $100M to modernize agriculture with AI

A landmark deal has been struck to position Ghana as Africa’s first AI-powered agricultural hub, through a $100 million investment over the next four years by Degas Limited, a Japanese agritech company.

The announcement was made during the Ghana Presidential Investment Forum, in the presence of President John Dramani Mahama.

Ghana has secured new funding to expand AI-powered agriculture through Degas, a firm already supporting over 86,000 smallholder farmers across 122,000 acres.

The investment will scale technologies such as satellite crop monitoring, precision agronomy, and farmer financing tools that have so far doubled farmer incomes while maintaining a 95% loan repayment rate.

Degas CEO Doga Makiura said Japanese investors view Ghana’s integrated model as Africa’s “gold standard,” noting that the funds will deepen partnerships in inputs, logistics, finance, and markets.

President Mahama welcomed the investment as a vote of confidence in Ghana’s agricultural transformation agenda, stressing that AI-driven precision farming will boost productivity, strengthen food security, and create dignified rural jobs.

 

By: J.W Quarm

Leave a Reply

Your email address will not be published. Required fields are marked *